Brent bias flipped 13 times to weak bearish on September 6, 2026
Recent headlines indicate escalating military conflict between the US and Iran, including US strikes on Iranian oil tankers and Iran's threats of a 'faster, heavier, more painful response'. These actions have led to a slight rise in oil prices, as market participants anticipate potential disruptions to global oil supply chains and trade routes in the Gulf of Oman.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 13 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Weak bullish
- 00:23Bullish
- 01:03Neutral
- 14:49Bullish
- 15:04Weak bullish
- 15:44Neutral
- 20:35Weak bullish
- 21:00Neutral
- 21:15Bullish
- 21:30Neutral
- 22:10Bullish
- 22:25Weak bullish
- 22:40Neutral
- 23:57Weak bearish
Headlines (16)
First seen on September 6
- Iran war live: IRGC claims new attacks on US warships over naval blockadeAl Jazeera
- 9/5: CBS Weekend Newscbsnews.com
- 'Joining Iran's navy on seafloor': CENTCOM sinks Iranian oil tanker in Gulf of Omanjpost.com
- US, Iran engaged in tanker war: Where is the months-long conflict headed?Al Jazeera
- Iran touts military response as US maintains blockade, hits tankersAl Jazeera
- Iran warns of 'faster, heavier, more painful response' to US attacksbbc.co.uk
- Oil Prices Rise Slightly After U.S. and Iran Trade StrikesThe New York Times
Carried over from earlier days
- The Commodities Feed: Oil maintains gains amid Persian Gulf escalationING Think
- ‘Astronomical’ fuel price surge hits farmers in UK and USThe Guardian
- New fears of oil supply disruption as US-Iran hostilities resumefrance24.com
- WTI Back Above $91 as War Premium ReturnsOilPrice.com
- The Iran War Has Put Venezuela’s Oil Back in the SpotlightOilPrice.com
- Why is Trump threatening to strike Iran’s Pickaxe Mountain again, now?Al Jazeera
- US says it hit Iran oil tankers helping finance ‘regional proxies’Al Jazeera
- U.S. strikes three Iranian oil tankers in renewal of hostilitiesnpr.org
- Iran War Forces a Rewrite of Global Oil Trade RoutesOilPrice.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 7 | ||
| Bank Holiday | CAD | |
| Tuesday, September 8 | ||
| Trade Balance | 795B | CNY |
| USD-Denominated Trade Balance | 120.1B | CNY |
| Annual Budget Release | CAD | |
| Wednesday, September 9 | ||
| CPI y/y | 0.9% | CNY |
| PPI y/y | 3.6% | CNY |
| Trade Balance | CNY | |
| USD-Denominated Trade Balance | CNY | |